Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bang
Even the most sanguine industry observer has to be stunned at times by the pace of dealmaking right now. Not quite halfway through 2021, startups are routinely closing new rounds just months apart and
Serialized fiction app Radish will be acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services inc
Toyota has tapped Japanese company ENEOS to help develop the hydrogen fuel cell system that will power its futuristic prototype city Woven City. The vision for the 175-acre city, where people will liv
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’
Singapore-based Aspire, which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one yea
While consumers and businesses continue to use their purchasing power to spin the wheels of the globalized economy, one of the companies that’s built a technology platform to help that economy o
Toronto-based Wattpad is officially part of South Korean internet giant Naver as of today, with the official close of the $600 million cash and stock acquisition deal. Under the terms of the acquisiti
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Micromobility startups are following the lead of EV companies going public via mergers with special purpose acquisition companies, a financial instrument that came back en vogue in 2020. Bird Rides, t
LiveWire, Harley-Davidson’s electric motorcycle, is being spun out as a standalone brand, complete with a new logo and brand identity. Harley-Davidson first unveiled the LiveWire electric motorcycle
Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and May’s Edwin Olson have in common? All three of them ar
This morning ServiceNow announced that it was acquiring Lightstep, an applications performance monitoring startup that has raised more than $70 million, according to Crunchbase data. The companies did
I’m the founder of an early-stage fintech startup. We really want to move to San Francisco to be near our lead investor. Can we use International Entrepreneur Parole? How does it work?
Following these rules won't guarantee success for your health tech startup, but if you can't pin down these basics, you don't have a shot.
Tesla’s advanced driver assistance system known as Autopilot could not have been engaged on the stretch of road where a Model S crashed last month in Texas, killing the two occupants, according
Years after popping open a Pandora’s box of bad behavior, social media companies are trying to figure out subtle ways to reshape how people use their platforms. Following Twitter’s lead, F
Voyager Space Holdings has added X.O. Markets, the parent of commercial space service venture Nanoracks, to its growing catalogue of space companies. The agreement was first announced last December. T
In a new letter, attorneys general representing 44 U.S. states and territories are pressuring Facebook to walk away from new plans to open Instagram to children. The company is working on an age-gated
Last week activist investor Starboard delivered a public letter rebuking Box for what it perceives as underperformance. Today the firm, which owns 8% of Box stock, making it the company’s larges
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